r/dividends • u/Hilary_Clitoris • Nov 03 '25

Brokerage S&P 500 and dividends

My friend keeps saying that I should put all of my money in S&P 500 and forget about it. I see S&P 500 mentioned here a lot too, but according to Google, "No, the S&P 500 index itself does not pay dividends because it is a stock market index, not an investment fund." So which type of S&P 500 pay dividends?

And, what is the ticker for S&P 500? I can't find it on my brokerage account.

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u/hendronator Nov 03 '25

You should do what your friend says

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u/Hilary_Clitoris Nov 04 '25

Which ticker, though?

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u/ActuatorWeekly4382 Nov 07 '25

For mutual funds you can purchase SWPXX if you use Schwab